Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Operating activities    
Net income (loss) $ (1,787) $ 4,519
Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 907 981
Share-based compensation 130 333
Amortization of deferred gain (366) (366)
Amortization of debt issuance costs 148 142
Deferred taxes 113 0
Reversal of deferred tax asset valuation allowance 0 (917)
Excess tax benefits related to share-based compensation 0 (36)
Other 35 (4)
Changes in assets and liabilities:    
Accounts receivable 132 (3,213)
Inventories (2,060) (2,440)
Other current assets (735) (734)
Other assets (38) 240
Accounts payable and accrued expenses 1,427 3,250
Income taxes payable 0 1,487
Net cash flows (used in) provided by operating activities (2,094) 3,242
Investing activities    
Purchases of property and equipment (742) (1,530)
Decrease in restricted cash 0 701
Proceeds from sale of property and equipment 0 9
Net cash flows used in investing activities (742) (820)
Financing activities    
Checks issued in excess of cash in bank 0 (42)
Net borrowings (payments) under line of credit 1,772 (1,304)
Payments on debt obligations (748) (8,062)
Proceeds from issuance of debt obligations 0 9,400
Proceeds from issuance of Common Stock 86 0
Payment of debt issuance costs 0 (669)
Excess tax benefits related to share-based compensation 0 36
Net cash flows provided by (used in) financing activities 1,110 (641)
Effect of changes in exchange rate on cash and cash equivalents 102 (146)
Increase (decrease) in cash and cash equivalents (1,624) 1,635
Cash and cash equivalents at beginning of period 4,401 3,065
Cash and cash equivalents at end of period 2,777 4,700
Supplemental disclosures of cash flow information    
Cash payments for interest 680 729
Cash payments for income taxes 123 721
Non-cash investing and financing activities    
Equipment acquired under capital leases and other financing obligations 159 253
Repayment of debt from trade-in of equipment $ 87 $ 0